If you were to start your own small business, what would it be?

1 Answer

Answer :

answer:If I were young and energetic and really liked details I would get on the alternative energy bandwagon. We tried to start a solar business but decided we were just to old and really didn’t want to hustle the way you have to to be competitive. You also have to be willing to keep up with government rebates, tax credits and be willing to jump through hoops. When we were younger, my husband and I asked about 20 of the most successful people we knew (all men back then) What they would do if they were our age and just starting out. The prevailing answer was real estate. The wisest answer was from my father in law. He said, “Do what you know.” It just so happened that what we knew was real estate and construction so we have done pretty good for ourselves in those combined fields. We now have what we like to call “Mail Box Money.” The real estate investments produce enough cash flow that if we never worked another day we would still get a check in the mail that is plenty to survive on. My father in law manufactured a product that he knew well. He knew that industry and it put him in the 1%. He did way better than us. My advice would be to follow your passion. Something that you love so much that you will be willing to push through climb over and dig under the inevitable barriers. That thing that makes your heart beat a little faster is where your fortune is.

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